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The Bread Versus Steel Paradox

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Why doesn’t the cost of these correlate to the investment needed to produce them?

Bread= $3.80/pound.
Cold drawn bars for machining right now ~$0.66-68/pound.

This great question came from a discussion I had with Ronnie Masliansky, General Manager, Marketing and Product Control, Arcelor Mittal Steel.

Arecelor Mittal Long Carbon North America is a PMPA Technical Member.

So why do you think that the price of these items doesn’t correlate with the investment needed to produce them?

Posted in Blog, Break RoomTagged Arcelor Mittal Long Carbon North America, Bread Versus Steel, Cold Finished Steel Bars, Economics, Ronnie Maslianski

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